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Checkit PLC (CKT)

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Tuesday 07 July, 2020

Checkit PLC

Grant of share options and PDMR dealings

RNS Number : 2651S
Checkit PLC
07 July 2020
 

Checkit plc

("Checkit" or the "Group")

Grant of share options and PDMR dealings

 

Checkit plc (AIM:CKT), is pleased to announce that following the establishment of its new EMI Options Scheme it has granted options (the "EMI Options") over ordinary shares of five pence each ("Ordinary Shares") to all staff employed by the Group on 7 July 2020. The minimum award comprised of EMI Options over for 5,000 Ordinary Shares, with higher awards made depending on seniority and other criteria. The EMI Options are exercisable after a three-year holding period.

Following the above award of EMI Options, the total options outstanding are as follows:

Date of award

Exercise price

Number of options

Earliest exercise date

% of issued share capital

December 2017

12.2p

  413,925

December 2020

0.67

July 2020

40.5p

3,200,000

July 2023

5.16

TOTAL

 

3,613,925

 

5.83

 

PDMR Dealings

Included within the above, EMI Options were granted to Aylsa Muir, CFO Designate, and Sara Coate, Group Company Secretary and Solicitor, over 310,000 Ordinary Shares and 100,000 Ordinary Shares respectively representing 0.5% and 0.2% of issued share capital.

Keith Daley, Executive Chair commented:

"This is an exciting time for all of us as we all work hard to develop the business and increase shareholder value.  The Board is keen to align the interests of staff with those of our shareholders."

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

 

Checkit plc

+44 (0) 1223 371 000

www.checkit.net

 

Keith Daley (Executive Chairman)

 

Sara Coate (Company Secretary)

 

 

 

Yellowstone Advisory (Investor Relations)

+44 (0) 7710 164 120

Alex Schlich 

 

 

 

N+1 Singer (Nominated Adviser & Broker) 

+44 (0) 20 7496 3000

Shaun Dobson / George Tzimas (Corporate Finance)

 

Rachel Hayes (Corporate Broking)


 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Aylsa Muir

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director/PDMR

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Checkit plc

b)

 

LEI

 

 

213800556WJOWQNT2R68

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares of 5 pence each



Identification code

ISIN: GB00B0C5RG72



b)

 

Nature of the transaction

 

 

Grant of options over Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Exercisable at 40.5 pence per Ordinary Share

310,000 Ordinary Shares







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

7 July 2020

f)

Place of the transaction

Outside a trading venue

 

 

 

 



1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Sara Coate

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director/PDMR

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Checkit plc

b)

 

LEI

 

 

213800556WJOWQNT2R68

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares of 5 pence each



Identification code

ISIN: GB00B0C5RG72



b)

 

Nature of the transaction

 

 

Grant of options over Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




40.5 pence per Ordinary Share

100,000 Ordinary Shares







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

7 July 2020

f)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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